Italian and French bonds meet in the middle

US President Donald Trump floated the prospect of US security guarantees for Ukraine, Prime Minister Narendra Modi is looking for options after India got hit by extremely high US tariffs, Soho House has agreed to a take-private deal, and Softbank is buying $2bn worth of Intel shares. Plus, the FT’s Leila Abboud explains why more Italian bonds are starting to look a little more like French bonds.

Mentioned in this podcast:

Trump floats US security guarantees for Ukraine in meeting with Zelenskyy

French borrowing costs close in on Italy’s as investors fret over debts

Donald Trump tariffs threaten Narendra Modi’s ‘Make in India’ drive

Soho House agrees $2.7bn take-private deal

SoftBank to buy $2bn in Intel shares as it grows US investments

Today’s FT News Briefing was produced by Ethan Plotkin, Fiona Symon, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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